A car manufacturer is concerned about poor customer satisfaction at one of its dealerships. The management decides to evaluate the satisfaction surveys of its next 40 customers. The dealer will be fined if the number of customers who report favorably is between 10 and 16. The dealership will be dissolved if fewer than 10 customers report favorably. It is known that 70% of the dealer's customers report favorably on satisfaction surveys. a. What is the probability that the dealer will be fined? Note: Round your final answer to 4 decimal places. Probability b. What is the probability that the dealership will be dissolved? Note: Round your final answer to 4 decimal places. Probability

A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
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Chapter1: Combinatorial Analysis
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A car manufacturer is concerned about poor customer satisfaction at one of its dealerships. The management decides to evaluate the
satisfaction surveys of its next 40 customers. The dealer will be fined if the number of customers who report favorably is between 10
and 16. The dealership will be dissolved if fewer than 10 customers report favorably. It is known that 70% of the dealer's customers
report favorably on satisfaction surveys.
a. What is the probability that the dealer will be fined?
Note: Round your final answer to 4 decimal places.
Probability
b. What is the probability that the dealership will be dissolved?
Note: Round your final answer to 4 decimal places.
Probability
Transcribed Image Text:A car manufacturer is concerned about poor customer satisfaction at one of its dealerships. The management decides to evaluate the satisfaction surveys of its next 40 customers. The dealer will be fined if the number of customers who report favorably is between 10 and 16. The dealership will be dissolved if fewer than 10 customers report favorably. It is known that 70% of the dealer's customers report favorably on satisfaction surveys. a. What is the probability that the dealer will be fined? Note: Round your final answer to 4 decimal places. Probability b. What is the probability that the dealership will be dissolved? Note: Round your final answer to 4 decimal places. Probability
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